oil supply | Egypt Oil & Gas - Part 2

UAE Supports OPEC Oil Policy

The United Arab Emirates expressed support for OPEC in maintaining stable, cost effective, and efficient crude supplies, UAE's Minister of Energy, Suhail bin Mohammed Faraj Faris Al Mazrouei said at the OPEC summit i ...

BP Scaling Back Iraq Operations as Government Payments Become Uncertain

BP has cut its development budget for Iraq's giant Rumaila oilfield by $1 billion this year after the government warned a slump in crude prices and its battle against Islamic State was making it difficult to pay oil ...

Bombing Yemen Could Threaten Red Sea Oil Transit Choke Point, Experts Say

While Yemen contributes less than 0.2% of global oil output, its location puts it near the center of world energy trade.

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